Transportation & Infrastructure

Dexus has stood down executives, sacked its advisers and launched a review of its $7 billion infrastructure division, following last week's judgment upholding the validity of a default notice by Melbourne Airport's operator.

The operator of Perth Airport has filed an appeal after United Petroleum won its case alleging it was induced to enter into a $900,000 lease and construction agreement with promises of redevelopment at the site.

New York-based Iren has announced plans for an 800 megawatt data centre in Bundey, South Australia, the company's first Australian venture and one of the largest data centre facilities in the Asia Pacific region.

Woolworths has take Victoria's Suburban Rail Loop Authority to court, alleging it's owed $70 million for the authority's compulsory acquisition of a logistics site in the Melbourne suburb of Notting Hill.

Real estate developer ESR and property investment company Mitsubishi Estate Asia are partnering to develop a $700 million logistics estate in Western Sydney.

Alternative investment manager Barings is leading a consortium that has agreed to acquire Melbourne's Moorabbin airport for $1.5 billion. 

Contracts have been awarded for the first major stage of 'The Wave' railway project ahead of the 2032 Brisbane Olympic and Paralympic Games.

ASX-listed infrastructure service provider Ventia has extended its contract to manage the Australian Marine Complex-Common User Facility in Western Australia, a key shipbuilding facility leased by maritime developers. 

Dexus has lost its case over the validity of a default notice issued by Melbourne Aiport's operator, with a judge saying the real estate asset manager breached the company's confidentiality and "irrevocably undermined" its relationship with fellow shareholders.

Heads may roll after a court on Friday rejected the evidence of key Dexus employees at trial over a breach of APAC's shareholder deed, in a ruling that revealed some insiders suspected the "embarassing blunder" would come back to bite.